53
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31833 Sea Level Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2025 | Listed by Coldwell Banker Realty | $9,500,000 | |
| Listed by Coldwell Banker Realty | |||
| Apr 15, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2020 | Listed by Compass | $6,495,000 | |
| Listed by Compass | |||
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Located at the end of a gated cul-de-sac with direct beach access just moments away, this exquisite architectural designed by Barsocchini and Associates offers the ultimate ocean retreat in the heart of Malibu. Wave-like curvature and custom skylights create a unique living experience, with an influx of natural light and ocean views throughout. Highlights include a beautiful great room with a built-in bar and cozy fireplace, a gourmet kitchen with stainless steel appliances, and Italian stonework. A spiral staircase leads to the master suite, boasting vaulted ceilings, sitting area with fireplace and private balcony overlooking the water. The spa-like en suite includes a rain shower and retractable skylight. Two additional guest bedrooms with balconies and an office and a sauna complete the property. The gardens are rich with verdant landscaping and lush lawns. A rare opportunity to own one of the finest architectural offerings Malibu has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017